Nordic Formulation Technology A/S — Credit Rating and Financial Key Figures

CVR number: 11158390
Søholm Park 1, 2900 Hellerup
tel: 35436611
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Credit rating

Company information

Official name
Nordic Formulation Technology A/S
Personnel
13 persons
Established
1987
Company form
Limited company
Industry

About Nordic Formulation Technology A/S

Nordic Formulation Technology A/S (CVR number: 11158390) is a company from GENTOFTE. The company recorded a gross profit of 11.4 mDKK in 2024. The operating profit was 9248.4 kDKK, while net earnings were 7615.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.8 %, which can be considered excellent and Return on Equity (ROE) was 22.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 81 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Nordic Formulation Technology A/S's liquidity measured by quick ratio was 5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit9 561.317 447.636 294.535 965.8911 351.65
EBIT7 166.285 607.494 518.894 114.669 248.41
Net earnings5 537.294 302.473 450.183 834.387 615.88
Shareholders equity total18 407.2422 709.7226 159.8929 994.2837 610.15
Balance sheet total (assets)26 836.7331 365.1733 152.4836 041.1746 453.44
Net debt-13 157.60-17 717.49210.98418.511 087.67
Profitability
EBIT-%
ROA29.8 %19.3 %14.5 %14.2 %23.8 %
ROE35.4 %20.9 %14.1 %13.7 %22.5 %
ROI41.3 %24.6 %17.9 %17.1 %28.3 %
Economic value added (EVA)4 872.673 341.752 087.891 840.525 679.73
Solvency
Equity ratio68.6 %72.4 %78.9 %83.2 %81.0 %
Gearing11.2 %10.7 %3.9 %1.6 %2.9 %
Relative net indebtedness %
Liquidity
Quick ratio3.13.44.65.65.0
Current ratio3.23.64.75.95.2
Cash and cash equivalents15 221.4220 140.15807.2770.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:23.8%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.0%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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